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Inventus Mining Corp V.IVS

Alternate Symbol(s):  GNGXF

Inventus Mining Corp. is a Canada-based exploration company. The Company is focused on the development of its gold and critical metals projects located east of the world class mining district of Sudbury, Ontario. The Company holds two 100% owned projects, Pardo Gold and Sudbury 2.0 Polymetallic Gold. The Pardo Paleoplacer Gold Project is located in Ontario, Canada, approximately 65 kilometers (km) northeast of the mining district of Sudbury. The Pardo Project consists of a 3.8 square kilometers (km2) block of mineral leases and 180 km2 of mineral claims covering the target paleoplacer geology. The Sudbury 2.0 Project is located east-northeast of Sudbury, Ontario. The property is accessible by road. The Sudbury 2.0 project consists of 240 km2 of mineral claims covering the Temagami Anomaly. The Company owns a 100% interest in the property. In addition, the Company, through Conquest Resources, holds claims to the east of the Sudbury 2.0 Project Area.


TSXV:IVS - Post by User

Comment by shnepson Sep 13, 2024 12:46pm
182 Views
Post# 36222540

RE:RE:RE:RE:RE:RE:RE:2024 drill program

RE:RE:RE:RE:RE:RE:RE:2024 drill programI did finally get a call back from Stefan this morning down in Beaver Creek Colorado. Mentioned they have some irons in the fire but nothing definitive that he can speak about. As I thought because of potential outcomes insiders can't currently be buying anything on the open market. Lots of interest in Pardo and the near surface gold but obviously raising the $2.5M to finally complete the resource estimate requires raising the funds but management doesn't want to dilute shareholders to do so. Overall, he mentioned that the market is still quite tight from outside investment and currently most of the financings are coming from industry as gold majors are investing in building ounces. $AEM and $AGI are very prominent at Beaver Creek this year. $AGI apparently has over a hundred meetings setup.
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